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rasnek

TWT Possible Bat

Long
TWT / TetherUS (BINANCE:TWTUSDT)  
rasnek Updated   
BINANCE:TWTUSDT   TWT / TetherUS
Trend Analysis Harmonic Patterns Chart Patterns
3
0
trendanalysis harmonicpatterns chartpattern
TWTUSDT

Entry at pattern completion around 0.5095
SL below support line of 0.4843

First target 0.168fib A-D : 0.6125
Second target 100% A : 0.6761
Third target 1.618fib A-D : 0.7799

Just an idea no financial advice
Comment:
TWT has seen a decent bounce from the 50% retracement, if it can make a new high we could see price move upwards to retest resistance lvl at 0.7332 and won't come back down to complete the bat pattern.
Longs can be set above resistance of 0.7332 after breakout confirmation.
Comment:
Price made a new high so the pattern is now invalid
Trade closed: target reached
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